Bonus incentives are back!
Plus, boiler tune-up incentives for gas customers are now available.
Up to 40% in BONUS incentives are now available, plus more!
October 1 until December 31, 2024 (or until funds are exhausted), eligible NIPSCO business customers can earn various bonus incentives on their new Prescriptive projects.
Gas Bonus Incentives
- 20% bonus incentive* on space heating boiler tune-ups
Electric Bonus Incentives
- 20% bonus incentive* on new measures
- 40% bonus incentive* on new refrigeration measures
- Increased 4’ tube lighting incentive of $4, plus 20% bonus incentive
*Funds are only available for new projects submitted after October 1, 2024 and completed no later than December 31, 2024. Refrigeration measures are not eligible for the other 20% bonus.
Do you have questions or need help? Call the program at 1-800-299-2501 or contact a TRC Field Engineer near you.
Earn incentives for your energy-saving improvements
Agricultural, large commercial, governmental, industrial, institutional and non-profit customers can earn incentives for making electric and natural gas energy efficiency improvements.
This program rewards customers when they replace costly, less efficient systems with high efficiency equipment on a one-for-one basis. Projects can include lighting products, space heating systems and controls, steam trap repair, replacement and boiler burner controls. Take a look at the 2024 NIPSCO Prescriptive Measure list and get your project underway today!
How to Apply
Step 1 - Application
Review the Prescriptive Measure list to ensure your project qualifies for incentives. After verifying eligibility, apply by downloading the Program Application (Excel-based).
Need help completing the Excel Application? Watch this tutorial* for step-by-step instructions.
Step 2 - Installation
Complete the equipment installation(s) and application, and gather the following required documentation:
- Product specifications of efficient equipment
- Project invoices
- Tax exempt letter (if applicable)
Then, send the completed application and supporting documentation to: NIPSCO.Savings@TRCcompanies.com.
Step 3 - Review
Applications are reviewed in the order that they are received. Complete applications are processed for review within three (3) business days of submission.
Step 4 - Delivery
Incentive checks typically arrive within 6-8 weeks.
CHECK PRESENTATIONS
Share your energy-saving story
Schedule a big check presentation with our team
Has your business recently completed an energy efficiency project with NIPSCO? Share your project’s impact with important business stakeholders and the community with a big check presentation.
Download the toolkit to start planning your NIPSCO big check presentation event today. The toolkit will take you step-by-step through the request process and provides tools to guide talking points and engage local media to amplify your efforts. Upon approval, NIPSCO representatives will join you at your upcoming event and present your cash incentive in the form of a big check.
Toolkit includes:
Request Form
Energy Efficiency Fact Sheet
Sample Media Questions
And More
Your project and energy-saving efforts deserve some recognition!
Project Eligibility
All projects must be completed by November 16, 2024 to be eligible for current 2024 incentives. Projects submitted after this date are subject to 2025 incentives and requirements. Applications must be submitted within 90 days of measure(s) installation.
If the project’s estimated incentive exceeds $10,000, it requires pre-approval before purchase and installation of efficient equipment. See our Custom Incentive Program for more details regarding the approval process.
Who qualifies?
Eligible NIPSCO customers include those currently billed under electric Rates 520, 521, 522, 523, 524, 525, 526, 531 Tier 1, 532, 533, 541, 543 or 544 and natural gas Rates 321, 325, and 351 (NIPSCO’s DependaBill rate).
Customers participating in the Midstream Channel by purchasing qualifying equipment from a participating dealer, are not eligible to participate in the Prescriptive/Custom Program or any other NIPSCO program for an incentive on the same piece of purchased equipment.
Trade Ally Information
Our Trade Allies can help you get started today! Trade Allies are suppliers, firms or contractors that are involved in the installation of high-efficiency equipment or systems and have been pre-approved by TRC. Find a Trade Ally* for your project. Interested in being a part of our Trade Ally Network? Complete and submit the Trade Ally Application*.
Related Information
Program Administration
NIPSCO’s energy efficiency programs are administered by TRC, a third-party implementation specialist that helps homes and businesses save energy.
Third-party Links*
*Clicking on the above link takes the user to webpages operated and maintained by a third-party provider of energy efficiency and energy saving services not owned by or affiliated with NIPSCO. The link is provided as a convenience by NIPSCO, and NIPSCO does not make any representations or warranties regarding the security of the website or the provision of goods and services by the third-party provider. NIPSCO disclaims any and all liability that may arise from the use of third-party websites.
